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Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Busy address KBO
12 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Michiels from Waasmunster, company number BE0453359093, closed financial year 2025 with a result of € -2,772 after tax. For that financial year Michiels recorded a gross margin of € -1,480 and equity of € 202,613. Compared with financial year 2024, the result moved from € 2,226 to € -2,772. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 28, 2026.
€ 202,613
▼ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -2,772
▼ still € 2,226 profit in 2024
Profit after tax over the fiscal year.
€ 24,367
▲ 82% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 160,471.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 300
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -200 | € -648 | € 3,161 | € -1,480 | ▼ € 4,642 |
| Profit after taxes | € -3,735 | € -1,204 | € 2,226 | € -2,772 | ▼ € 4,997 |
| Equity | € 204,364 | € 203,159 | € 205,385 | € 202,613 | ▼ 1% |
| Total debts | € 0 | € 0 | € 0 | € 300 | |
| Cash | € 50,407 | € 49,203 | € 13,389 | € 24,367 | ▲ 82% |
| Land & buildings | € 53,956 | € 53,956 | € 53,956 | € 53,956 | |
| Retained profit | € 162,222 | € 161,017 | € 163,243 | € 160,471 | ▼ 2% |
| Balance sheet total | € 204,364 | € 203,159 | € 205,385 | € 202,913 | ▼ 1% |
Key figures of Michiels, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Michiels?
What happened at Michiels in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 2,772 (▼ € 4,997 vs 2024). filed late Source: NBB ↗
- Joke Van Doorne became a director. NBB
- William De Witte became a director. NBB
- New establishment in Waasmunster. KBO
- Start of the company according to the CBE. KBO
In short
From € 3,735 loss in 2022 to € 2,772 loss in 2025.
Best year ever: 2024, with € 2,226 profit.
Management
The stake of ALVA IMMO comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
MichielsBehind Michiels are William De Witte and Joke Van Doorne. The shares are held by ALVA IMMO (100%).
Directors
According to the 2025 annual accounts
William De Witte
Director
Also active at: THIRY GENT, DEPONDT, ALVA IMMO, WILL - INVEST, DE WITTE WILLIAM, COCCINELLE, VAN LIER, VAN LAETHEM +23 more
since 2019
Joke Van Doorne
Director
Also active at: THIRY GENT, DEPONDT, ALVA IMMO, WILL - INVEST, DE WITTE WILLIAM, COCCINELLE, VAN LIER, VAN LAETHEM +19 more
since 2024
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Fazantenlaan 17
9250 Waasmunster
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 12 companies are registered at this address.
All companies at this address →DEPONDT same network
€ 639,392 gross margin · 2025
ALVA IMMO same network
€ 2.8 million gross margin · 2025
DE WITTE WILLIAM same network
€ 12,050 gross margin · 2025
CORENT same network
€ 74,935 gross margin · 2025
BOUWGROEP DE WITTE same network
€ 2.6 million gross margin · 2025
+7 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0453.359.093
- VAT number
- BE 0453.359.093
- Registered office
- Fazantenlaan 17, 9250 Waasmunster
- Names & denominations
- Michiels
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 16 September 1994
- Peppol
- Active · Active since 1 Dec 2025